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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Investment properties
1550 Old York Rd Abington, PA 19001-1743
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1136550
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Total area
8,429 SF
Lot
0.52 ac (22,665 SF)
Zoning code
F1
APN
30-00-49476-00-3
UPID
US73-1136550
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Armstrong George Cohen Will Ophthalmology Medical Clinic Ophthalmologist
-
Will Dan MD Physician
-
Tania Malara, OD Physician
-
Dr. Eric G. George, MD Ophthalmologist
-
Geoffrey M. Kaplan, OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$926k
Blend (final)
Blend
$965k
Owner & transaction history
Agc Abington Property LLC · 4 yrs held
Agc Abington Property LLC
since 2022
Last sale
$963,178
3 recorded transactions
Zoning & alternative use
F1 · Abington, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+45.8%
Medical building
$1.3M
+40.4%
Restaurant
$1.2M
+25.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Abington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Abington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$980,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
$1,455,000
6.5%
$1,340,000
7%
$1,245,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$945,000
Current use
OFFICE BUILDING
$1,380,000
Change: +46% · Conversion: Easy
MEDICAL BUILDING
$1,330,000
Change: +40% · Conversion: Easy
RESTAURANT
$1,185,000
Change: +25% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,170,000
Change: +24% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,100,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $963k (Feb 10 2022)
Last sale anchor
$963k
Feb 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,682
Tax year 2023
Assessed value
$425,000
Assessed 2024
Previous assessed
$425,000
+0.0% YoY
Effective rate
4.63%
On assessed value
Assessed land
$217,230
Assessed improvement
$207,770
Land market value
$217,230
Improvement market value
$207,770
Total market value
$425,000
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1920
Heating
NONE
Cooling
NONE
Stories
2
Rooms
8
Bathrooms
2
Total area
8,429 SF
Lot
0.52 ac (22,665 SF)
Zoning code
F1
APN
30-00-49476-00-3
UPID
US73-1136550
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
F1 · Abington, PA
Zoning F1 · permitted uses
F1 · Abington, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Abington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$945,000
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Agc Abington Property LLC
Entity
Mailing address
345 N YORK RD, HATBORO, PA 19040-2045
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
$963,178
Agc Abington Property LLC
Thomas A Armstrong
Deed
$692,000 · Pnc Bank
Aug 18, 1992
$175,000
Thomas A Armstrong
—
Grant Deed
related
$475,000 · Fidelity Bk
—
—
Thomas A Armstrong
—
Deed Of Trust
related
$1,285,000 · Bryn Mawr Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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